Vocabulary for Describing Business and Entrepreneurship

Here is a list of vocabulary for describing business and entrepreneurship with definitions:

• Entrepreneur – a person who starts a business and is willing to risk failure in order to achieve success.
• Startup – a company or organization that is in the initial stages of operation and is focused on developing a unique product or service to meet a market need.
• Venture capital – investment funds provided to early-stage, high-potential, high-risk, growth start-up companies.
• Pitch – a concise and persuasive presentation made to potential investors to secure funding.
• Market research – the process of gathering and analyzing information about the market, competition, and customers to make informed business decisions.
• Market segmentation – the process of dividing a market into smaller groups of consumers with similar needs or characteristics.
• Branding – the marketing practice of creating a name, design, or symbol to identify a product and differentiate it from other products.
• Sales – the act of selling goods or services to customers in exchange for money.
• Customer service – the support provided by a company to customers before, during, and after a purchase.
• Marketing – the process of promoting and selling products or services through advertising, public relations, and other promotional activities.
• Operations – the process of managing and coordinating the production of goods and services.
• Supply chain – the network of organizations, people, activities, information, and resources involved in the production and delivery of a product or service.
• Finance – the management of money, banking, investments, and credit.
• Accounting – the process of recording, classifying, and summarizing financial transactions to provide information that is useful in making business decisions.